Magellan financial group's Hamish Douglass lost nine per cent of his company's value today, but says today's downturn is just a blip. A bigger risk, he says, is the massive fiscal stimulus from the Trump administration, potentially stoking inflation and leaving central banks caught behind the eight ball.

Elysse Morgan spoke to Hamish Douglass, CEO of Magellan, on the day of the company's result.

Markets around the world are in free fall after the Dow Jones index plunged more than 1100 points - its biggest ever points fall in a single day. The share market here quickly followed, losing more than $60B in value. That's on top of yesterday's $30B loss - and there are indications the selling could continue.

Elysse speaks to Tribeca Investment's Deputy Portfolio Manager Jun Bei Lu.

As households and businesses continue to be socked with crippling energy bills politicians are still trading barbs over energy policy. Energy Australia's boss Catherine Tanna speaks to Elysse.

Every sector has been sold off with materials and energy the weakest sectors. Michael McCarthy from CMC Markets speaks to Elysse.

The Australian stock market has had its worst day in more than six months, with its value plunging by nearly 30 billion dollars. Wall Street set the tone after strong economic data spooked investors, scared the blissful days of low interest rates and cheap money are finally coming to an end.

The market has closed at session highs, led by a rise in energy stocks. Fiona Clark from 'Prime Value' speaks to Carrington.

Highly indebted households will be sweating on what the Reserve Bank will decide to do with interest rates at its first meeting of the year next Tuesday. The dilemma for the RBA is that although rates have been at record lows for years, inflation remains stubbornly below the target band. Tim Toohey was at Goldman Sach's and is now the Chief Economist at Ellerston Capital.

Administration, health and retail are some of the nation's biggest employers but low paid service jobs are now the target of a robot-led revolution. Experts are playing down fears of a job apocalypse predicting workers will be freed from menial work, to do more sophisticated jobs in related fields.

The market has extended it's rally to a second day. Julia Lee from Bell Direct speaks to Elysse.